ZTR Control Systems Inc.

This transaction will extend both companies' core focus to accelerate the digital journey in the construction industry. The combined entity will be able to operate on a global scale to provide an expanded offering to original equipment manufacturers, rental companies, and contractors with greater efficiency and depth.

Trackunit is the leading SaaS-based Internet of Things solution and machine insights provider to the global construction equipment industry. Trackunit collects and analyzes machine data in real time to deliver actionable, proactive, and predictive information, empowering customers with data-driven foresight. From operator safety and machine health to business optimization, Trackunit’s industry-leading telematics software, hardware and fleet management services benefit the everyday operations of  customers worldwide.

ZTR Control Systems’ Industrial Internet of Things (IoT) division is a global technology business that develops solutions for the construction industry. Known as a pioneer in the development industrial IoT technology, the telematics provider delivers products and services that allow companies to remotely monitor and manage mobile, as well as fixed assets.